Gambling Webhosting and Licensing

Tuesday, 22 September 2015

Online gambling - Jurisdictions - France

France gambling licenses

Paris, its capital, is known worldwide for its couture fashion houses, classical art museums including the Louvre and monuments like the Eiffel Tower. The country is also renowned for its sophisticated cuisine and its wines. Lascaux’s ancient cave drawings, Lyon’s Roman theater and the immense Palace of Versailles are testaments to its long history.­­­

Overview:
France came under a lot of pressure from the EC to adjust their online gambling restrictions, which forced them to amend and legalize onine gambling in a bid to better regulate it.

Even though the new law opened up France’s online gaming market to foreign operators, it came with restrictions. Only limited types of online gaming would be available to the operators, and the established French operators were to get preferential treatment.

French players are cut off from the international poker scene, which means when you play on a licensed French poker site, you only play with people who are located in France. This has caused liquidity problems for licensed sites as they find it difficult to keep the games running with a limited player pool.

Security Requirements / Indemnity for Player Deposits:
All licensees must adopt an IT system known as “Frontal.” All customers’ data and information runs through here and is stored in an access-safe box that only ARJEL can access.

Licence Fee:
One type of license with the annual fee based on the amount of licenses issued.
€20,000 for one license
€30,000 for two
€40,000 for three.

Licence Length:
5 years

Reporting Requirements to Regulators:
All licensees are required to submit a certification issued by a third party, accredited by ARJEL, once a year.

Anti-Money Laundering Policy:
All operators must comply with AML legislation in force.

Country Restrictions:
Players must have the option to self-exclude from play and to limit how much they can gamble, and links to problem-gambling resources must be displayed on the site in a prominent position.

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